Victory Contents Co.,Ltd.
CANVAS N Co.,Ltd. produces media content in South Korea and internationally. The company produces TV series; films; and offers OST services. The company was formerly known as Victory Contents Co.,Ltd. and changed its name to CANVAS N Co.,Ltd. in January 2025. CANVAS N Co.,Ltd. was founded in 2003 and is based in Seoul, South Korea.
Victory Contents Co.,Ltd. (210120) - Net Assets
Latest net assets as of September 2025: ₩14.67 Billion KRW
Based on the latest financial reports, Victory Contents Co.,Ltd. (210120) has net assets worth ₩14.67 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩40.16 Billion) and total liabilities (₩25.49 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩14.67 Billion |
| % of Total Assets | 36.53% |
| Annual Growth Rate | 100.22% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 220.75 |
Victory Contents Co.,Ltd. - Net Assets Trend (2021–2024)
This chart illustrates how Victory Contents Co.,Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Victory Contents Co.,Ltd. (2021–2024)
The table below shows the annual net assets of Victory Contents Co.,Ltd. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩17.17 Billion | -25.36% |
| 2023-12-31 | ₩23.00 Billion | +83.08% |
| 2022-12-31 | ₩12.56 Billion | +487.62% |
| 2021-12-31 | ₩2.14 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Victory Contents Co.,Ltd.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 594202487000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩1.57 Billion | 9.16% |
| Other Components | ₩25.01 Billion | 145.69% |
| Total Equity | ₩17.17 Billion | 100.00% |
Victory Contents Co.,Ltd. Competitors by Market Cap
The table below lists competitors of Victory Contents Co.,Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LABIANA HEALTH S.A.EO-10
F:8RK
|
$11.94 Million |
|
SOS Limited
NYSE:SOS
|
$11.94 Million |
|
ENERSENSE INTERL. OYJ
F:42U
|
$11.95 Million |
|
Fleetwood Bank Pa Capital
PINK:FLEW
|
$11.95 Million |
|
Celulosa Argentina SA
BA:CELU
|
$11.94 Million |
|
Banswara Syntex Limited
NSE:BANSWRAS
|
$11.94 Million |
|
PW Consolidated Bhd
KLSE:7134
|
$11.93 Million |
|
Paltalk Inc
NASDAQ:PALT
|
$11.93 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Victory Contents Co.,Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 22,996,805,790 to 17,165,417,110, a change of -5,831,388,680 (-25.4%).
- Net loss of 7,020,090,690 reduced equity.
- Other factors increased equity by 1,188,702,010.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-7.02 Billion | -40.9% |
| Other Changes | ₩1.19 Billion | +6.92% |
| Total Change | ₩- | -25.36% |
Book Value vs Market Value Analysis
This analysis compares Victory Contents Co.,Ltd.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.26x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 10.94x to 2.26x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | ₩150.40 | ₩1645.00 | x |
| 2022-12-31 | ₩631.28 | ₩1645.00 | x |
| 2023-12-31 | ₩975.07 | ₩1645.00 | x |
| 2024-12-31 | ₩727.82 | ₩1645.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Victory Contents Co.,Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -40.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -72.95%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 2.33x
- Recent ROE (-40.90%) is below the historical average (-21.59%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -54.96% | -5.54% | 1.11x | 8.92x | ₩-1.39 Billion |
| 2022 | 10.57% | 4.12% | 1.24x | 2.07x | ₩71.32 Million |
| 2023 | -1.08% | -1.42% | 0.61x | 1.25x | ₩-2.55 Billion |
| 2024 | -40.90% | -72.95% | 0.24x | 2.33x | ₩-8.74 Billion |
Industry Comparison
This section compares Victory Contents Co.,Ltd.'s net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $509,385,248,852
- Average return on equity (ROE) among peers: -31.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Victory Contents Co.,Ltd. (210120) | ₩14.67 Billion | -54.96% | 1.74x | $11.94 Million |
| IHQ Inc (003560) | $23.24 Billion | -34.06% | 0.70x | $13.43 Million |
| KIWI Media Group Co.Ltd (012170) | $52.24 Billion | -50.81% | 1.38x | $4.35 Million |
| Barunson Co. Ltd (018700) | $8.26 Billion | -238.84% | 2.23x | $7.40 Million |
| Fantagio Corp (032800) | $18.25 Billion | 2.84% | 0.12x | $7.62 Million |
| Taegu Broadcasting Corporation (033830) | $94.48 Billion | 4.53% | 0.06x | $23.00 Million |
| Seoul Broadcasting System (034120) | $562.99 Billion | 2.67% | 0.94x | $135.19 Million |
| CJ ENM CO. Ltd (035760) | $3.55 Trillion | -3.38% | 1.91x | $445.25 Million |
| JYP Entertainment Corporation (035900) | $58.38 Billion | 5.47% | 0.27x | $1.25 Billion |
| Jcontentree Corp (036420) | $697.79 Billion | -7.53% | 2.22x | $51.93 Million |
| Blueberry NFT CO.LTD (044480) | $26.06 Billion | 0.30% | 0.10x | $5.67 Million |